Imagine the tech world as a high-speed rollercoaster, hurtling through twists and turns at breakneck speeds.
In this dizzying ride, staying ahead of the curve isn't just a suggestion; it's a survival tactic. So, when SAP starts talking about trends, it's time to perk up and listen. In this blog post, I’ll explain four of the recent trends SAP has been utilizing in its SAP PLM in the cloud solution.
Trend 1: Cloud Computing
Cloud computing is like the cool new kid on the block: everyone's talking about it. Sales, HR, and procurement teams are already using it and loving how it makes things faster and easier. But when it comes to research and development (R&D) and engineering teams, they're a bit slower to catch on. They've got their reasons, though. Their work is super complicated, and they're extra careful with their data, which is essential for product-oriented companies.
The drive for collaboration, automation, and scalability is pushing R&D towards cloud adoption. It's not just a trend; it's a vital shift in response to these needs, prompting even traditionally cautious sectors to embrace cloud solutions.
Now, I know what you're thinking: "But what about those skeptics clinging to their on-premise relics like life rafts in a sea of change?" The answer is simple. Why not combine the best of the two worlds–on-premise and cloud technologies? Picture this, state-of-the-art cloud technologies seamlessly intertwining with the tried-and-true classics, giving customers maximum flexibility.
Take SAP PLM in the cloud, for instance. Paired with its on-premise counterpart, it's a match made in tech heaven.
What could such a hybrid scenario look like? Imagine that you manage your product data, including the data from the various authoring systems, in SAP Engineering Control Center (SAP ECTR)—on premise or in the private cloud, and you handle your product requirements in SAP PLM in the cloud. With the next release of SAP ECTR, it will be possible to display these requirements directly in SAP ECTR and link documents and material masters to the requirements. For your engineers, this means full visibility of everything related to your product without having to consciously make the jump to the cloud.
Trend 2: Process Visibility and Insights
Another trend is the emphasis on process visibility and insights in modern PLM.
Integrating SAP’s PLM software with ERP capabilities already provides significant benefits, ensuring consistent and up-to-date product information as the "single source of truth." It also enhances transparency throughout the product lifecycle, with key object statuses consistently visible and all data and processes interconnected.
Trend 3: Generative AI and Machine Learning
Generative AI and machine learning are reshaping PLM systems and revolutionizing their operations. Language models boost search capabilities by identifying duplicates and aiding in part discovery. They also analyze product requirements, suggesting suitable structures automatically. Particularly in process industries like chemicals and food & beverages, this technology interprets briefs and suggests formulas. Overall, it streamlines decision-making and automates routine tasks in PLM workflows.
This trend is rapidly evolving. It'll be fascinating to see how SAP adapts to it in the near future.
Trend 4: Collaborative Ecosystems
Modern PLM systems are shifting towards collaborative networks with suppliers and partners, facilitating the sharing and access of crucial information throughout the development process. Customer feedback is increasingly integrated into the design process. These systems must also support the use of open industry standards, enabling data exchange through APIs. This ensures innovation is not hindered by technical barriers. Expanding the digital thread beyond enterprise boundaries, particularly through cloud PLM approaches, is a significant trend. This expansion will aid in realizing concepts such as the Digital Product Passport and Asset Administration Shell.
In my view, this trend isn't just a fad—it's the logical consequence when you consider the true essence of the term “product lifecycle management.” This means managing all the important information about a product from the very beginning to the end-of-life. This is not just the business of engineers; it's about closely collaborating with other departments such as manufacturing, supply chain, purchasing, and sales. By doing this, businesses foster genuine collaboration and seamlessly map the existing real-life ecosystem into the digital realm.
Conclusion
In a rapidly evolving and turbulent tech landscape, SAP's insights into trends are essential for staying ahead. So, pay attention; the future of technology is being shaped right before our eyes.
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